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the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an …
Persistent link: https://www.econbiz.de/10010366528
Persistent link: https://www.econbiz.de/10003402730
We study whether there are improvements in worker-firm matching when employers and applicants can credibly signal their … analyze a matching process in which firms fill some of their inter- view slots by invitation and the remainder are filled by … an auction. Consistent with the predictions of a signaling model, we find the auction is valuable for less desirable …
Persistent link: https://www.econbiz.de/10012603205
efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment …
Persistent link: https://www.econbiz.de/10012724521
I provide a brief introduction to the early literatures on Matching, Auctions, and Market Design.The design of matching …
Persistent link: https://www.econbiz.de/10013082184
We formalize an econometric model for two-sided matching mechanisms in a school choice context, where exogenous … variation is generated by using lotteries as a tie-breaking mechanism. Our model accommodates a wide range of matching …
Persistent link: https://www.econbiz.de/10012845189
We develop a model of college assignment as a large contest wherein students with heterogeneous abilities compete for seats at vertically differentiated colleges through the acquisition of productive human capital. We use a continuum model to approximate the outcomes of a game with large, but...
Persistent link: https://www.econbiz.de/10012977685
This paper shows that the stylized fact of average mutual fund underperformance documented in the literature stems from expansion periods when funds have statistically significant negative risk-adjusted performance and not recession periods when risk-adjusted fund performance is positive. These...
Persistent link: https://www.econbiz.de/10013121165
Persistent link: https://www.econbiz.de/10011756467
Trusting behavior has been shown to affect households' portfolio choice between risky and risk-free financial assets. We extend the analysis of the effect of trust on portfolio choice to include the dominant component of households' portfolios, real estate. In a simple model, we show how the...
Persistent link: https://www.econbiz.de/10009153590